– Silver reversed from support level 22.50
– Likely to rise to resistance level 24.50
Silver recently reversed up from the pivotal support level 22.50 (which previously reversed the pair twice in June), coinciding with the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from March.
The upward reversal from the support level 22.50 started the active intermediate impulse wave (3).
Silver can be expected to rise further toward the next resistance level 24.50 (which has been reversing the price from June).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies